Shiba Inu’s (SHIB) price continues to show a drawdown in response to rapidly developing bearish market conditions.
The surge in selling and declining confidence among SHIB holders will potentially catalyze the correction.
DeFi lending protocol UwU Lend has suffered two attacks in the past three days. The second exploit occurred on Thursday during the protocol’s reimbursement process from the first hack. The ongoing saga has taken around $23 million from the protocol.